Florida · H5017

Debt Reduction

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This is now an official law, recorded in the state's law books.

Stage 6 of 6Signature

1
Sponsors: 3
Votes: Jul 3 ’25
Last action

The governor signed it. Nothing left to watch.

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In plain words

AI summary

Written by AI from the bill text. Check the official text before relying on it.

Description

Revises information required to be included in specified report; creates Debt Reduction Program within SBA for specified purpose; provides requirements for use of certain funds by Division of Bond Finance; requires CFO to transfer certain funds to SBA by specified date each fiscal year; requires any unexpended funds to revert to General Revenue Fund by specified date.

Progress

IntroducedJun 4, 2025
Sent to committeeJun 4, 2025
Passed the first chamberJun 16, 2025
Sent to committeeJun 16, 2025
Passed the first chamberJun 16, 2025
Passed both chambersJun 16, 2025
PassedJun 30, 2025
Became lawJul 3, 2025

From official state and federal legislative records. Informational only, not legal advice.